Business

Infosys profits jump 23.5% as probe finds no proof of wrongdoing

India's second-largest IT outsourcing firm Infosys on Friday announced a 23.5 percent jump in its quarterly net profits, beating estimates as it declared that an internal probe had found no evidence of misconduct by its top ...

Security

Two Russians charged in 'Evil Corp' global cybertheft ring

The Justice Department unsealed charges Thursday against the alleged leader and a top associate of a Russian cybercriminal gang that U.S. and British officials say developed and distributed malware used to steal at least ...

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Fraud

In the broadest sense, a fraud is an intentional deception made for personal gain or to damage another individual. The specific legal definition varies by legal jurisdiction. Fraud is a crime, and is also a civil law violation. Many hoaxes are fraudulent, although those not made for personal gain are not technically frauds. Defrauding people of money is presumably the most common type of fraud, but there have also been many fraudulent "discoveries" in art, archaeology, and science.

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